Hughes cap rate
Cap rate
3.0%
Ranks #2,015 of 3,071 U.S. counties, in the top 66%.
- vs. national median3.5%Hughes is lower than the U.S. median
- vs. South Dakota median2.1%Hughes is higher than the South Dakota median
What cap rate means
Capitalization rate estimates the annual return on a rental property before financing: gross rent divided by purchase price. Higher cap rates mean stronger cash flow relative to price, which investors weigh against appreciation potential and risk. We estimate it from local rents and home values; verify against an actual listing before underwriting a deal.